Record results for LVMH in 2018

LVMH

LVMH - Moët Hennessy Louis Vuitton LVMH FY 10% increase revenue for 2018 A good day for the Arnaults. LVMH Moët Hennessy Louis Vuitton recorded revenue of €46.8 billion in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%. “All business groups recorded excellent performances. Profit from recurring

LVMH acquires the Belmond group

LVMH-BELMOND-Brands-DNMAG

[M&A] The luxury group LVMH announced on Friday that it has reached an agreement to acquire the Belmond group, a luxury hotel operator based in London and listed in New York, confirming information from the Wall Street Journal.   LVMH's offer to purchase is $ 25 per Belmond share in cash, valuing